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IMF, World Bank want structural reforms sustained


Image result for Imf/World Bank Spring meetingsThe World Bank President Jim Yong Kim has commended what he called stronger economic prospects after years of disappointing global growth.

He however warned countries that have the fiscal space to continue with structural reforms to accelerate sustainable and inclusive economic growth needed to end extreme poverty by 2030.

Correspondent Detola Ademola reports that World Bank President, Jim Yong Kim called for new and innovative ways to reach the poor and make the world more secure and stable.
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The world bank chief stated that the bank was monitor=ing aids given to developing countries very closely.

On her part, IMF Chief Christine Largarde, wants world leaders to make the global growth more inclusive and sustainable.

Lagarde added that stronger co-operations between countries would help clamp down on tax avoidance and encourage trade opportunities.


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